12 Penley Avenue
Asheville, NC, 28804 $ 310,000
Bedrooms2 Baths1.0 Sq 1,122 Monthly Estimate*
$ 2,141
for $310,000 with 2 bedrooms and 1 full bath. This 1,122 square foot home was built in 1925 on a lot size of 0.18.
BUYERS ....Need help with down payment? With acceptable OTP, seller offers $5,000 to buyers closing costs. WOODFIN, NC USA ~ Historical neighborhood with cottage living, awaits! This home in Martell Village is minutes away from French Broad River, Amenities, I26, Asheville, Weaverville, and so much more! Built in 1925, 0.18 ac corner lot, 1122sf charming cottage, offers front covered porch (144sf), private fenced backyard, walk-able, dog friendly neighborhood, with easy access to community baseball field, and basketball court. Less than 0.5m to the French Broad river and The Mill at Riverside. The continuing plan for a Green Way so close to your location. Home has newly installed HVAC, several rooms with new flooring, new fans, fresh paint, there is oil tank above ground, but has been disconnected. Appliances and shed convey. Martel Village is a historic, early 20th-century mill neighborhood located in Woodfin, NC. Developed by the Martel Mills Company to house the their employees. It is situated just minutes north of downtown Asheville, off Elk Mountain Road and features a charming mix of classic mountain mill cottages and renovated homes. Less than ½ mile from French Broad River. Explore Western North Carolina, with quick access to river and highways. Are you looking for investment or primary residence or a mountain retreat from the hot summers of the "flat lands"? This historic home has the comforts, easy care and exceptional location to so much the mountains have to offer.
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FeaturesGeneralLiving Area 1122
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Utilities Cable Available
Roof Composition
Appliances Electric Range Refrigerator Tankless Water Heater Washer/Dryer
Patio/Porch Features Covered Front Porch
Architectural Style Cottage
Construction Materials Vinyl
Year Built 1925
Levels One
Property Subtype Single Family Residence
Parcel Number 9730-25-4741-00000
Elevation 2000
Accessibility Two or More Access Exits
County Buncombe
New Construction N
Property Type Residential
HOA N
Subdivision Name none
Garage Y/N N
Full Baths 1
Directions From: Asheville take future I26 W 2.9m to exit 24 Elk Mountain end of ramp turn LEFT onto Elk Mountain Road 0.9m LEFT on Penley Ave. 250ft turn LEFT onto Community Road home is on corner of Community
High School Unspecified
City Asheville
Senior Community Y/N N
Open Parking Spaces 2
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 186000
Listing Terms Cash Conventional FHA
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InteriorFlooring Tile Vinyl Wood
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 1122
Half Baths 0
Laundry Features In Hall
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
SqFt Main 1122
SqFt Lower 0
SqFt Upper 0
Bedroom 2
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ExteriorFencing Back Yard Fenced
Parking Features Driveway
Lot Features Corner Lot Green Area Sloped
Water Source City
Lot Size Area 0.18
Foundation Details Crawl Space
Lot Dimensions 7841sf
Road Surface Type Dirt Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,141
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Asheville, NC
Average List Price $948,520
Percent of Sale Price 206%
About Asheville, NC 93,508 Population
25% Since 2002
$ 48,694 Median Income
39.56 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $310,000 | -0.32% | Price Down |
| 9/4/2026 | $311,000 | -0.32% | Price Down |
| 8/22/2026 | $312,000 | -4.88% | Price Down |
| 8/4/2026 | $328,000 | -1.50% | Price Down |
| 7/24/2026 | $333,000 | -1.48% | Price Down |
| 6/23/2026 | $338,000 | | Listed Price |